starting company india

Incorporating a company in India usually takes 4-6 weeks. However, according to a recent circular issued by the Ministry of corporate affairs, incorporation formalities will be completed in 24 hours. If implemented, the initiative will be a huge boost to entrepreneurship ecosystem in India.

Starting a technology company requires legal, operation and human resource understanding. In the first of the series of articles on this topic, we talk about setting up a company in India and obtaining necessary permissions with local government departments.

Indian Startups receiving FDI (Foreign Direct Investment) must comply with FEMA provisions and report the transaction to Reserve Bank of India (RBI). The article gives a brief overview of different steps involved in the compliance.